Pepper prices today in the Central Highlands and the South moved sideways, ranging between 40,000 – 42,000 VND / kg. In particular, pepper prices in Dong Nai and Gia Lai provinces are the lowest and highest in Ba Ria – Vung Tau, according to tintaynguyen.com.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 41,000 |
| GIA LAI | |
| – Chu Se | 40,000 |
| Dak Nong | |
| – Chiayi | 41,000 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 40,000 |
Vietnam's market share in total Dutch pepper imports increased significantly in the first three quarters of 2019, according to the Department of Agricultural Product Processing and Market Development.
Vietnam is currently the largest pepper supplier of the Netherlands, accounting for 50.1% of the total Dutch pepper import, up nearly 10% over the same period in 2018.
The Netherlands imports for both consumption and re-export to other countries. As of October 2019, Vietnam has exported to the Netherlands about 6,954 tons, up 20.2% over the same period in 2018.
The Dutch market share in Vietnam's total pepper export turnover has also increased from 3.6% (October 10, 2018) to 3.7% (May 10, 2019).
The Netherlands is still a promising market for Vietnam's pepper exports, as its consumption demand is forecast to continue to increase in the near future (according to market research report). by Nedspice and IPC report).
Update coffee prices
Coffee prices today in the Central Highlands region across most provinces in the Central Highlands. Only Dak Lak province recorded coffee prices down by VND 100 / kg. In the whole region, coffee prices in Lam Dong province are the lowest and highest in Kon Tum, according to tintaynguyen.com.
Coffee prices at warehouses around the port of Ho Chi Minh City were flat at VND 34,700 / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha (Robusta) | 33,200 |
| – Bao Loc (Robusta) | 33,100 |
| – Di Linh (Robusta) | 33,100 |
| DAK LAK | |
| – Residential M’gar (Robusta) | 33,500 |
| – Ea H’leo (Robusta) | 33,400 |
| – Buon Ho (Robusta) | 33,400 |
| GIA LAI | |
| – Pleiku (Robusta) | 33,400 |
| – Ia Grai (Robusta) | 33,300 |
| Dak Nong | |
| – Chiayi (Robusta) | 33,400 |
| – Dak R’lap (Robusta) | 33,300 |
| KON TUM | |
| – Dak Ha (Robusta) | 33,500 |
| HO CHI MINH | |
| – R1 | 34,700 |
The price of robusta coffee delivered in January 2020 increased 1.8% to 1,406 USD / ton. The price of arabica coffee delivered in March 2020 decreased by 0.7% to 123 UScent / pound.
According to a report from the World Coffee Organization (ICO), global coffee exports in October reached 8.91 million bags, the lowest level since September 2017. This figure represents a decrease of 13.4% compared to the same period in 2018 and 2.4% compared to the same period in 2017.
The volume of robusta coffee exports in the world decreased by 21.6% to 2.82 million bags and arabica coffee decreased by 9% to 6.08 million bags, according to the ICO.
Coffee production from Saudi Arabia witnessed the largest decline, down 23.2% to 1.33 million bags while export volume from Brazil fell 9.5% to 3.44 million bags.
In contrast, exports from Colombia increased by 13.5% to 1.31 million bags over the same period last year. The depreciation of the Colombian currency against the US dollar for much of 2019 could be a contributing factor to the increase in shipments from Colombia.
Coffee exports from South America amounted to 5.29 million bags in October, led by 3.42 million bags from Brazil. Export from Brazil, accounting for 38.4% of the region's total coffee exports, down 12.9% from October 2018 due to the narrowing of the 2019-2020 crop.
Although shipments in October decreased compared to the same period in 2018, Brazil's total exports so far have reached a record 23.62 million bags. This figure is 7.2% higher than the second highest level of 22.04 million bags, reached in April 2014.
With 1.21 million bags, Colombia's exports in October increased by 13.9%. Export of green coffee increased by 15.5% when the main harvest began, while the volume of roasted coffee exports grew little but steadily 41.4% to 16,934 bags.
According to VietnamBiz
